Labor & Economic News Blog
Friday, November 07, 2008
Jobless rate bolts to 14-year high of 6.5 percent
Jobless rate bolts to 14-year high of 6.5 percentAP - The nation's unemployment rate bolted to a 14-year high of 6.5 percent in October as another 240,000 jobs were cut, far worse than economists expected and stark proof the economy is deteriorating at an alarmingly rapid pace.
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